"Chopra has outperformed both the S&P 500 and her much more prominent hedge fund peers, delivering cumulative returns of 211% since 2022. That easily trounces the benchmark index's 82% gain despite the dominance of the Magnificent 7 tech stocks, which account for much of the S&P's performance. Equally impressive, Chopra has also outperformed peers like Stanley Druckenmiller (189%), Bill Ackman (66%), and even Warren Buffett's Berkshire Hathaway ( )( ), which she beat by nearly 5-to-1."
"RTX (RTX) - formerly Raytheon Technologies - is the second-largest defense contractor behind Lockheed-Martin ( ). In 2024, it generated $80.7 billion in revenue, up 17% from the prior year, driven by demand for military equipment amid global conflicts in Ukraine and the Middle East. Revenue reached $21.6 billion in Q2, up 9% organically, with adjusted earnings of $1.56 per share, beating estimates despite supply chain challenges. RTX's $212 billion backlog and 1.86 book-to-bill ratio signal strong future revenue. Its Raytheon division secures U.S. defense contracts for hypersonic weapons, while its Pratt & Whitney engines support commercial aviation's recovery."
Nehal Chopra's Ratan Capital Management delivered cumulative returns of 211% since 2022, outperforming the S&P 500's 82% gain. The firm surpassed peers Stanley Druckenmiller (189%), Bill Ackman (66%), and Warren Buffett's Berkshire Hathaway. Ratan Capital manages about $198 million with a concentrated portfolio of several dozen stocks and targets event-driven opportunities such as spin-offs and restructurings. In the second quarter, the fund added two new positions and increased an existing stake by 1,000%. The firm identified three stocks expected to perform strongly. RTX, formerly Raytheon Technologies, generated $80.7 billion in 2024 revenue driven by defense demand and aviation recovery.
Read at 24/7 Wall St.
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